Deutsche Lufthansa (DLAKY) Expected to Post Earnings on Thursday

Deutsche Lufthansa (OTCMKTS:DLAKY) is expected to announce its resultson Thursday, July 30th. Analysts expect Deutsche Lufthansa to post earnings of $0.34 per share and revenue of $12.7619 billion for the quarter.

Deutsche Lufthansa (OTCMKTS:DLAKY) last released its quarterly earnings data on Wednesday, May 6th. The transportation company reported ($0.64) EPS for the quarter, missing analysts’ consensus estimates of ($0.29) by ($0.35). The business had revenue of $10.28 billion during the quarter, compared to analysts’ expectations of $10.29 billion. Deutsche Lufthansa had a net margin of 3.83% and a return on equity of 13.46%. On average, analysts expect Deutsche Lufthansa to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Deutsche Lufthansa Stock Performance

Shares of Deutsche Lufthansa stock opened at $10.20 on Tuesday. The firm’s 50 day moving average is $10.19 and its two-hundred day moving average is $9.84. Deutsche Lufthansa has a 52 week low of $7.91 and a 52 week high of $11.53. The company has a quick ratio of 0.73, a current ratio of 0.81 and a debt-to-equity ratio of 0.94. The firm has a market capitalization of $12.26 billion, a P/E ratio of 6.80, a P/E/G ratio of 0.60 and a beta of 0.96.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on DLAKY shares. Citigroup downgraded shares of Deutsche Lufthansa from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 8th. Morgan Stanley cut Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a research note on Tuesday, May 26th. Zacks Research raised Deutsche Lufthansa from a “strong sell” rating to a “hold” rating in a report on Monday, June 15th. Finally, Barclays lowered shares of Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a research report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Reduce”.

About Deutsche Lufthansa

Deutsche Lufthansa AG is a leading global aviation company headquartered in Cologne, Germany, and is recognized as one of the world’s largest airline groups. Founded in its modern form in 1953, the company traces its heritage back to the original Deutsche Luft Hansa established in 1926. Lufthansa operates passenger and cargo services under its flagship brand, as well as through numerous subsidiaries including Swiss International Air Lines, Austrian Airlines, Brussels Airlines and the low-cost carrier Eurowings.

The group’s passenger network spans Europe, the Americas, Asia, Africa and the Middle East, with primary hubs at Frankfurt Airport and Munich Airport.